Updated: January 9, 2025
Advertising & Editorial Disclosure
In Lewisville, TX, Chubb is both the overall best and cheapest choice for home insurance. If customer service is your priority, however, Amica is best.
Choosing the best inexpensive home insurance depends on what you value, such as costs or how a company helps when you have questions or problems.
Best HomeInsuranceLewisville, TXTable of Contents
Why Trust MoneyGeek? We used data from Texas's Department of Insurance and Quadrant Information Services to find the best homeowners insurance in Lewisville, backing our picks with data and industry norms.
Home insurance premiums in Lewisville mirror the most competitive rates as of September 2024.
MoneyGeek found that Chubb is the best option for home insurance in Lewisville, TX, for 100K dwelling coverage, with a MoneyGeek score of 96 out of 100.
The scores for home insurance companies in Lewisville range from 44 to 96. These figures are based on MoneyGeek's scoring system, and insurers may have different scores depending on your credit history and the age of your home.
| Chubb | 96 | $2,073 |
| Amica | 94 | $2,436 |
| Farmers | 84 | $2,361 |
| State Farm | 82 | $3,090 |
| Nationwide | 79 | $3,735 |
| IAT Insurance Group | 53 | $4,115 |
| ASI | 44 | $6,511 |
MoneyGeek found that Chubb is the best option in Lewisville, TX, for $100K dwelling coverage. The two best overall home insurance companies in Lewisville for $100K dwelling coverage are:
Chubb stands out as the best home insurance provider because it offers a great balance of affordability and customer satisfaction.
Lewisville, TX, homeowners have a choice among various companies, each offering different costs and service experiences. While affordability is key, other factors — such as customer support and coverage options — are important, especially when filing a claim.
Chubb scores high on affordability and satisfaction. It offers comprehensive coverage with options like guaranteed replacement cost, which ensures your home is rebuilt to its original state, even if costs exceed your policy limit. It also offers building ordinance or law coverage, which helps bring your home up to current codes after a loss. Cash settlement also allows flexibility if you choose not to rebuild.
In addition, Chubb provides discounts for new homes and home renovations, helping policyholders save money.
MoneyGeek found that Amica is the best option in Lewisville, TX, known for providing top-notch customer service in home insurance for $100K dwelling coverage.
Amica stands out because of its high customer satisfaction and comprehensive coverage options. It excels in creating policies that fit different needs. Great home insurance service means always being there when you need help, not just providing good premiums.
Amica scores high for customer satisfaction and coverage. It offers comprehensive home insurance with guaranteed replacement cost, which helps rebuild your home if costs exceed limits. Back-up of sewer or drain covers water damage from backups. Scheduled personal property protects valuable items like jewelry.
It also provides discounts like continuously insured and automatic payment. To qualify for continuously insured, stay with the same insurer for at least two years.
MoneyGeek found that Chubb is the best cheap home insurance option in Lewisville, TX, for $100K dwelling coverage. The top two best cheap insurance providers for $100K dwelling coverage are:
Chubb stands out because of its high affordability score. Although cheap home insurance means lower charges, ensuring enough coverage is also crucial. In instances where saving on premiums is a priority, considering the most affordable homeowners insurance companies may be beneficial.
What sets the best cheap home insurance apart from the cheapest is its value for money, balancing cost with the coverage that meets a homeowner's needs without being expensive.
Chubb is the best cheap company with a high MoneyGeek Score due to its affordability and coverage. It offers coverages useful for homeowners. Guaranteed replacement cost helps rebuild your home even if costs exceed limits. Building ordinance or law covers updates to meet current codes. Cash settlement offers a payout if you choose not to rebuild. These coverages protect your home and belongings.
Chubb provides discounts like new home for homes 7 or 10 years old or less and home renovation for recently updated homes. These help you save money.
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — it’s free, no personal information required, no spam.
Rates updated:
Jan 22, 2025
Many factors, like location, affect homeowners insurance in Lewisville. To save money, compare homeowners insurance rates. This can take up to 15 minutes per company. So, if you compare three or more, it can mean over an hour of research. MoneyGeek's home insurance calculator helps you save instantly. Enter your age, dwelling coverage, credit score, deductible, liability coverage and more for a rate estimate.
Chubb is the best option in Lewisville, TX, for affordable dwelling coverage. A major component affecting home insurance premiums is the dwelling coverage level you select, impacting your overall cost.
Chubb stands out in Lewisville, TX, due to its blend of low costs and high scores, making it affordable and top-ranked. For mid- and high-dwelling coverages, Farmers emerges as the least costly while maintaining competitive performance.
Opting for the cheapest homeowners insurance in Texas helps in efficiently managing personal finances.
| Chubb | $2,073 |
| Farmers | $2,361 |
| Amica | $2,436 |
| State Farm | $3,090 |
| Nationwide | $3,735 |
| IAT Insurance Group | $4,115 |
| ASI | $6,511 |
For high-value homes in Lewisville, TX, Farmers offers the lowest yearly cost for a $750K dwelling coverage policy. Higher home values require more insurance because it costs more to fix or rebuild them, which is why home insurance costs can be higher.
Farmers stands out in Lewisville for its competitive pricing and top affordability. While cost is essential, the insurer also receives a high rating from MoneyGeek, suggesting that being the least expensive doesn't mean compromising quality.
| Farmers | $6,368 |
| State Farm | $10,581 |
| Chubb | $12,872 |
| Amica | $14,226 |
| Nationwide | $15,423 |
| IAT Insurance Group | $18,352 |
| ASI | $31,752 |
In Lewisville, TX, Nationwide is the best option for new homes looking for home insurance.
Nationwide stands out as the cheapest choice for new homes in Lewisville, TX, primarily due to its affordable costs. However, despite its low premium, it may not be the best option according to its overall evaluation.
Make sure you have adequate coverage to protect your new home fully.
| Nationwide | $826 |
| State Farm | $1,393 |
| Chubb | $1,473 |
| Farmers | $1,573 |
| Amica | $1,689 |
| IAT Insurance Group | $1,903 |
| ASI | $2,150 |
Securing the best cheap homeowners insurance is about finding a provider that delivers excellent customer service and comprehensive coverage at an affordable rate. Providers that achieve this balance offer peace of mind without breaking the bank, ensuring you are well protected from various risks to your home.
To guide you through the process, we outlined key factors to consider when seeking the best and most affordable homeowners insurance for your home.
To figure out how much home insurance you need, consider the specifics of your home — take into account the rebuilding costs, the value of your personal property and your liability needs.
Research insurance companies serving Lewisville. Look for those with strong financial stability, good customer reviews and a track record of quality service.
Once you know your coverage needs, compare home insurance quotes. In Lewisville, TX, premiums for $100K dwelling coverage range from $2,073 to $4,115 annually.
Inquire with each provider about potential discounts, like those for bundling policies or installing safety features.
Opting for a higher home insurance deductible can lower your premium, but ensure it's an amount you can afford.
Enhancing home security with systems and strong locks can lower your insurance costs by reducing risk.
A good credit score can influence your insurance rates in Lewisville, TX. Pay your bills on time and manage debt wisely.
Consider combining your homeowners insurance with other policies, like auto insurance, to receive discounts.
The best cheap home insurance provider for you in Lewisville depends on your coverage needs and budget. Get answers to some of the most commonly asked questions about the best cheap insurance rates in Lewisville, Texas.
The average home insurance cost in Lewisville, Texas is $2,046 annually.
The cheapest home insurance company in Lewisville is Chubb with an annual premium of $2,073.
The best home insurance in Texas for Lewisville residents is provided by Chubb, with a MoneyGeek score of 96 out of 100.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a 5-time Jeopardy champion!
He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
